Car for 6 to 7 lakh

Blue_V · 5th March 2008, 09:02

Hello!
Dad is looking to buy a car in the range 6 to 7 lakhs. He wants a new vehicle because the interest rates are less for a new vehicle.

I dont know what to suggest.

They live in Coorg. Roads are pretty bad in some places. Whats the best option?
1. Honda City second hand
2. Hyundai CRDi second hand (is this 3 cyl? or 4 cyl?)

Depreciation makes me want to choose a second hand.

Technocrat · 5th March 2008, 09:29

Hi Blue,

Your Dad is correct interest rates are low for new car when compared to loan for 2nd hand cars.

You can also wait for the Swift Dezire

There are enough discussions on cars in your range. Please search through the What car section.

Thread Closed

5th March 2008, 09:02	#1
Blue_V BHPian Join Date: Nov 2007 Location: Bangalore Posts: 173 Thanked: 67 Times	Car for 6 to 7 lakh Hello! Dad is looking to buy a car in the range 6 to 7 lakhs. He wants a new vehicle because the interest rates are less for a new vehicle. I dont know what to suggest. They live in Coorg. Roads are pretty bad in some places. Whats the best option? 1. Honda City second hand 2. Hyundai CRDi second hand (is this 3 cyl? or 4 cyl?) Depreciation makes me want to choose a second hand.
	() Thanks

5th March 2008, 09:29	#2
Technocrat Senior - BHPian Join Date: Feb 2004 Location: GTA Posts: 14,813 Thanked: 2,700 Times	Thread Closed Hi Blue, Your Dad is correct interest rates are low for new car when compared to loan for 2nd hand cars. You can also wait for the Swift Dezire There are enough discussions on cars in your range. Please search through the What car section. Thread Closed
	() Thanks